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Shawn Waite's Answers


Are VA rates usually lower or higher than normal rates?
VA rates are usually lower than other types of programs. There are a number of other advanatges as well including no private mortgage insurance requirement. Lower rates and no PMI requirement will result in a lower monthly payment. Also, VA loans can provide 100% financing so there is no down payment...
How do i sell fha home in louisiana and them get another fha loan in florida? Help!
Sherri, I definitely agree that you should try for a convential loan. The down payment requirement is not much different (5% instead of 3.5%) and the monthly savings you will get on a convential loan vs. FHA with the new MIP rates will be well worth it!

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